If this is basically the case and he was earnest about trying to run a successful business creating biodiesel, then I don't see how he can be fairly described as committing 'fraud.' So I would like to hear your explanation or a reference explaining this claim. The fact that investors lost money, etc., does not itself justify a fraud charge unless someone can show that Rossi _intended_ to take their money without recompense or any chance for the business to succeed.
I find it interesting, for example, that there has been little out of Italy itself attacking his past during the ECAT saga. Instead it's been critics further afield. Shouldn't Italians themselves who were burned by him be the first to denounce him? Or am I missing some major criticisms/warnings coming from Italian media that you could point out to me?
I find it interesting that almost no one writes about the ‘balance bracelet’ fraud. Not to mention the homeopathic medicine fraud supported by Kevmo and Dr. Josephson.
So who would put their money into the hands of a proven loser surrounded with allegations and convictions for fraue?